Micro E-mini Russell 2000 (M2K) Futures Contract Specifications

What Are Micro E-mini Russell 2000 (M2K) Futures?

Micro E-mini Russell 2000 Futures (M2K) are 1/10th the size of the standard E-mini Russell 2000 Futures, providing traders with a more accessible way to gain exposure to small-cap U.S. companies. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.

Contract Size

Contract Size: $5 multiplied by the Russell 2000 Index value

Example: This contract size allows traders to gain exposure to stock indices with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.10 index points
  • Tick Value: $0.50 per tick
  • Point Value: $5.00 per point

These specifications make Micro E-mini Russell 2000 (M2K) Futures suitable for traders seeking exposure to stock indices markets.

Trading Hours

Micro E-mini Russell 2000 (M2K) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: M2K

Margins

To trade Micro E-mini Russell 2000 (M2K) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Micro E-mini Russell 2000 (M2K) Futures?

  • Lower capital requirements than standard E-mini contracts
  • Perfect for smaller accounts or precise position sizing
  • Same trading hours and price movements as the standard E-mini contract
  • Ideal for new traders learning futures trading
  • Allows for more granular risk management in small-cap exposure

Position Sizing for Micro E-mini Russell 2000 (M2K) Futures

Proper position sizing is crucial when trading Micro E-mini Russell 2000 (M2K) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Micro E-mini Russell 2000 (M2K) Futures (M2K):

  • Tick Size: 0.10 index points
  • Tick Value: $0.50 per tick
  • Point Value: $5.00 per point

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 5.00 per point = $50

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $50 = 10 contracts